Constellation Energy Announces Delaware Court Issues Order for Preliminary Injunction

Loading...
Loading...
Constellation Energy Partners
CEP
today announced that the Court of Chancery of the State of Delaware (the “Court”) has issued an order granting a motion for a preliminary injunction made by plaintiffs in the PostRock Litigation. As a result of the order, CEP is enjoined preliminarily from holding its annual meeting of unitholders on December 5, 2013, or at any time before the Court has ruled on the merits of plaintiffs' claims. Once the Court has ruled on the merits of plaintiffs' claims, the company's duly constituted board of managers shall promptly schedule and hold the annual meeting. The trial in the PostRock Litigation is scheduled for December 16 through
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceOfferingsContractsLegalManagementGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...